May 30, 2011 06:42 pm | Updated November 29, 2021 01:11 pm IST - Shanghai
China has raised electricity rates for some industrial users as parts of the country face severe power shortages.
The brief Xinhua News Agency report on Monday said residential rates were unchanged. It gave no details about where the changes would be imposed.
The increase of about 20 yuan (about $3) per 1,000 kilowatt hour presumably is meant to encourage conservation and motivate utilities to produce more electricity though they are paying more for coal and oil.
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